Minneapolis, MN (July 18, 2012) : Wolters Kluwer Financial
Services announced that in the first half of 2012, it
has completed nearly 400 installations of its ComplianceOne
solution with U.S banks and credit unions. That's an
average of more than 60 systems installed each month and
more than three each business day from January through
June. More than 4,000 financial institutions now trust
ComplianceOne and Wolters Kluwer Financial Services' other
documentation and workflow solutions to help them make
managing compliance with loan and deposit account
transactions faster and more efficient.
"Wolters Kluwer Financial Services remains committed to
working closely with our ComplianceOne customers to bring
them on board at a pace that is convenient for them so they
can begin enjoying the solution's compliance and
operational risk management benefits," said Lisa Fraga,
vice president and general manager of the company's Risk,
Origination & Compliance business. "Our customers
frequently tell us the level of service we're able to
provide in the implementation process is one of the reasons
they've chosen our solution."
"We have been very impressed with the support that Wolters
Kluwer Financial Services offered during our ComplianceOne
installation and beyond," said Vickie Braden, vice
president, Peoples Bank of the South. "Their team has been
helpful and quick to respond every step of the way, which
helps us manage compliance while preventing any disruptions
to our business."
ComplianceOne allows banks and credit unions to document
their lending and deposit transactions while also
connecting the major areas of their business to their core
processor through one easy-to-manage user interface. The
solution is built upon the trusted compliance knowledge and
experience behind Wolters Kluwer Financial Services'
Bankers Systems brand. And it offers them integrated access
to many of Wolters Kluwer Financial Services' other
solutions, including Secure Document
Exchange (SDX) and Wiz compliance analytics tools.
Wolters Kluwer Financial Services will conduct its first
large-scale
User Summit for ComplianceOne and ARTA Lending
Documentation System customers from Oct. 29-31 in Dallas.
For more information on ComplianceOne, please visit www.WoltersKluwerFS.com/One.
About Wolters Kluwer Financial Services
Whether complying with regulatory requirements, addressing
a single key risk, or working toward a holistic risk
management strategy, more than 15,000 customers worldwide
count on Wolters
Kluwer Financial Services for a comprehensive and
dynamic view of risk management and compliance. Wolters
Kluwer Financial Services provides audit, risk and
compliance solutions that help financial organizations
improve efficiency and effectiveness across their
enterprise. With more than 30 offices in 20 countries, the
company's prominent brands include: FRSGlobal, ARC Logics
for Financial Services, Bankers Systems, VMP® Mortgage
Solutions, AppOne®, GainsKeeper®, Capital Changes, NILS,
AuthenticWeb™ and Uniform Forms™.Wolters
Kluwer, a leading global information services and
publishing company with annual revenues of (2011) €3.4
billion ($4.7 billion) and approximately 19,000 employees
worldwide. Please visit our website for more
information.